Seagate Technology

STX-Q

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about STX-Q

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
December 1, 2020
(A Top Pick Nov 12/20, Up 25.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with STX has achieved its $60 objective. To be disciplined we are recommending covering 50% of the position. We also recommend trailing up the stop to $48 -- near our original acquisition recommendation.
Show full opinionHide full opinion
Seagate Technology (STX-Q)
December 1, 2020
(A Top Pick Nov 12/20, Up 25.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with STX has achieved its $60 objective. To be disciplined we are recommending covering 50% of the position. We also recommend trailing up the stop to $48 -- near our original acquisition recommendation.
TOP PICK
TOP PICK
October 27, 2020
Stockchase Research Editor: Michael O'Reilly This solid dividend player is trading at a great PE valuation following its most recent earnings report. Earnings reflected a 10% drop in revenues from a year ago, as HDD was weaker than expected, but was partially offset by its cloud data center demand and video applications. The company stands by its guidance numbers, whose mid-points are above current analyst expectations. Trading at a 10 PE it is great value compared to the sector average PE of 63. It pays a great dividend backed by a 38% payout ratio. We would trade this with a $42 stop-loss, looking for a technical target of $60 -- almost 25% upside. Yield 5.47% (Analysts’ price target is $53.41)
Show full opinionHide full opinion
Seagate Technology (STX-Q)
October 27, 2020
Stockchase Research Editor: Michael O'Reilly This solid dividend player is trading at a great PE valuation following its most recent earnings report. Earnings reflected a 10% drop in revenues from a year ago, as HDD was weaker than expected, but was partially offset by its cloud data center demand and video applications. The company stands by its guidance numbers, whose mid-points are above current analyst expectations. Trading at a 10 PE it is great value compared to the sector average PE of 63. It pays a great dividend backed by a 38% payout ratio. We would trade this with a $42 stop-loss, looking for a technical target of $60 -- almost 25% upside. Yield 5.47% (Analysts’ price target is $53.41)
DON'T BUY
DON'T BUY
July 7, 2017

Technically, this has rolled over and has a lot of work to do. The company has continued to have earnings beat, which is always a good thing. However, they are flat lining. Dividend yield of almost 7%.

Show full opinionHide full opinion

Technically, this has rolled over and has a lot of work to do. The company has continued to have earnings beat, which is always a good thing. However, they are flat lining. Dividend yield of almost 7%.

COMMENT
COMMENT
October 25, 2016

This is in the business of making hard drives, and can be quite a volatile stock. The pricing for disk drives and some of the components they make can be very, very volatile. That can lead to volatility in earnings.

Show full opinionHide full opinion
Seagate Technology (STX-Q)
October 25, 2016

This is in the business of making hard drives, and can be quite a volatile stock. The pricing for disk drives and some of the components they make can be very, very volatile. That can lead to volatility in earnings.

BUY
BUY
September 2, 2016

(Market Call Minute.) He likes the stock. Has very strong valuations. 26X PE. Good yield.

Show full opinionHide full opinion
Seagate Technology (STX-Q)
September 2, 2016

(Market Call Minute.) He likes the stock. Has very strong valuations. 26X PE. Good yield.

COMMENT
COMMENT
January 26, 2016

Hard drives for PCs. At $26-$26.50, this is right on very strong technical support. The upside potential (FMV) is 100% higher than where it is right now. However, earnings forecasts are in full retreat. Stock is cheap, but fundamentals are not supporting it. If it does not hold at the $26-$26.25 area, don’t continue to Hold, as it could drop to $18, and maybe as low as $15. It is kind of a value trap.

Show full opinionHide full opinion
Seagate Technology (STX-Q)
January 26, 2016

Hard drives for PCs. At $26-$26.50, this is right on very strong technical support. The upside potential (FMV) is 100% higher than where it is right now. However, earnings forecasts are in full retreat. Stock is cheap, but fundamentals are not supporting it. If it does not hold at the $26-$26.25 area, don’t continue to Hold, as it could drop to $18, and maybe as low as $15. It is kind of a value trap.

DON'T BUY
DON'T BUY
January 18, 2016

It is always cheap. It has had a challenging growth outlook because of the lack of growth in the PC market. Storage is moving to solid state and away from their technology.

Show full opinionHide full opinion
Seagate Technology (STX-Q)
January 18, 2016

It is always cheap. It has had a challenging growth outlook because of the lack of growth in the PC market. Storage is moving to solid state and away from their technology.

BUY
BUY
June 20, 2014

Likes what is going on in technology and in their space in general with video. The “over the top guys” are forcing cable and telco companies to really go head to head. This company is like an arms dealer to the war that is about to take place. Technology will likely drive who is going to win that adoption race.

Show full opinionHide full opinion

Likes what is going on in technology and in their space in general with video. The “over the top guys” are forcing cable and telco companies to really go head to head. This company is like an arms dealer to the war that is about to take place. Technology will likely drive who is going to win that adoption race.

TOP PICK
TOP PICK
March 16, 2012
Hard Disks. Recently raised dividend yield. Forefront of the high tech world. Will continue to raise dividends.
Show full opinionHide full opinion
Hard Disks. Recently raised dividend yield. Forefront of the high tech world. Will continue to raise dividends.
PAST TOP PICK
PAST TOP PICK
March 17, 2011
(Top Pick Feb 4/10, Down 26.58%) Had compelling valuation when they purchased it, but when a company misses on their earnings, they sell the stock. It missed 3 consecutive quarters.
Show full opinionHide full opinion
(Top Pick Feb 4/10, Down 26.58%) Had compelling valuation when they purchased it, but when a company misses on their earnings, they sell the stock. It missed 3 consecutive quarters.
TOP PICK
TOP PICK
February 4, 2010
Hard disk drive manufacturer for servers and consumer electronic products. 3 straight quarters of positive earnings surprises. Last quarter beat estimates by over 50%. Very cheap at under 6X forward earnings.
Show full opinionHide full opinion
Seagate Technology (STX-Q)
February 4, 2010
Hard disk drive manufacturer for servers and consumer electronic products. 3 straight quarters of positive earnings surprises. Last quarter beat estimates by over 50%. Very cheap at under 6X forward earnings.
DON'T BUY
DON'T BUY
September 10, 2008
Not a fan of this. A commodity product. Ups and downs are very violent. Too much competition. Would rather own Intel (INTC-Q), which is the dominant franchise.
Show full opinionHide full opinion
Seagate Technology (STX-Q)
September 10, 2008
Not a fan of this. A commodity product. Ups and downs are very violent. Too much competition. Would rather own Intel (INTC-Q), which is the dominant franchise.
BUY
BUY
January 12, 2006
A hard drive manufacturer. A great market, but competition has been slowing it down. Starting to get very interested at this valuation.
Show full opinionHide full opinion
Seagate Technology (STX-Q)
January 12, 2006
A hard drive manufacturer. A great market, but competition has been slowing it down. Starting to get very interested at this valuation.
DON'T BUY
DON'T BUY
March 2, 2004
Not a fan of hardware companies at this time. Very price-sensitive. Dealing with tight margins.
Show full opinionHide full opinion
Not a fan of hardware companies at this time. Very price-sensitive. Dealing with tight margins.
PAST TOP PICK
PAST TOP PICK
January 16, 2004
(Top pick Oct22/03. Down 12%.) Controversial pick. Sold too many disk drives at the end of the 3rd quarter for an expected high demand in the 4th but disk drives stocks pulled back dramatically. Still likes. High risk/high reward.
Show full opinionHide full opinion
Seagate Technology (STX-Q)
January 16, 2004
(Top pick Oct22/03. Down 12%.) Controversial pick. Sold too many disk drives at the end of the 3rd quarter for an expected high demand in the 4th but disk drives stocks pulled back dramatically. Still likes. High risk/high reward.
Showing 1 to 15 of 18 entries

Seagate Technology(STX-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Seagate Technology is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Seagate Technology(STX-Q) Frequently Asked Questions

What is Seagate Technology stock symbol?

Seagate Technology is a OTC stock, trading under the symbol STX-Q on the (). It is usually referred to as or STX-Q

Is Seagate Technology a buy or a sell?

In the last year, 1 stock analyst published opinions about STX-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Seagate Technology.

Is Seagate Technology a good investment or a top pick?

Seagate Technology was recommended as a Top Pick by Stockchase Research on 2020-12-01. Read the latest stock experts ratings for Seagate Technology.

Why is Seagate Technology stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Seagate Technology worth watching?

1 stock analyst on Stockchase covered Seagate Technology In the last year. It is a trending stock that is worth watching.

What is Seagate Technology stock price?

On , Seagate Technology (STX-Q) stock closed at a price of $.